Shares of the company’s stock were down nearly 4% Friday morning.
of its baby powder Friday “out of an, abundance of caution,” after samples tested from a bottle found it contained trace levels of asbestos. According to the test results, no greater than 0.00002% of “chrysotile asbestos” was detected.
Johnson & Johnson could not confirm if the test caused a false positive through cross-contamination, if the sample came from a bottle with an intact seal or if the tested product was authentic, according to an emailed statement provided toThe company said it is investigating what happened and working with the Food and Drug Administration to “determine the integrity of the tested sample and the validity of the test results.
Johnson & Johnson has insisted that its products are safe and that decades of testing showed they were asbestos-free, according to
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